The BlackRock Strategic Municipal Trust
BSD
BSD was delisted on the 9th of April, 2021.
22 hedge funds and large institutions have $12.8M invested in The BlackRock Strategic Municipal Trust in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 4 closing their positions.
49% more capital invested
Capital invested by funds: $8.61M → $12.8M (+$4.19M)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
4% less funds holding
Funds holding: 23 → 22 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$670K |
| 2 |
TC
Telemus Capital
Southfield,
Michigan
|
+$219K |
| 3 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$164K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$153K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$17.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$581K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$391K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$383K |
| 4 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$257K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$253K |
BSD Hedge Fund Activity: Q1 2021 in Review
22 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in The BlackRock Strategic Municipal Trust (BSD) for Q1 2021, worth a combined $12.8M — up 49% from $8.61M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BSD and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 8 added.
The largest buyer was Benjamin F. Edwards & Company, adding an estimated $670K. The largest seller was Advisors Asset Management, cutting an estimated $581K.
- 22 institutional investors held The BlackRock Strategic Municipal Trust (BSD) as of Q1 2021, down from 23 in Q4 2020.
- Funds reported $12.8M of The BlackRock Strategic Municipal Trust stock for Q1 2021, up 49% quarter-over-quarter.
- 3 funds opened new The BlackRock Strategic Municipal Trust positions in Q1 2021 and 4 closed out, a net change of -1 holder.
- The largest The BlackRock Strategic Municipal Trust buyer in Q1 2021 was Benjamin F. Edwards & Company, an estimated $670K added.
- The largest The BlackRock Strategic Municipal Trust seller in Q1 2021 was Advisors Asset Management, an estimated $581K sold.
Based on aggregated 13F filings for Q1 2021.